SCXYSt. Croix Valley Railroad
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The sale of MNN and SCXY is part of RailAmerica's ongoing capital plan to re-deploy funds generated from the sale of non-strategic assets and utilize those proceeds to reduce debt incurred in connection with its acquisition activities.
Effective September 1, 1997, SCXY will begin operations over the 60 miles of rail line (including 16 miles of trackage rights), with traffic from these lines interchanged with BNSF at Hinckley, Minnesota.